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GM and Koenigsegg agree Saab sale
Tue, 16 Jun 2009By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.
April new-car sales winners and losers
Fri, 02 May 2014U.S. light-vehicle sales rose 8 percent to nearly 1.4 million in April, with strong retail sales and pent-up demand adding momentum to the industry's spring thaw. Among major automakers, Nissan Motor Co., Chrysler Group and Toyota Motor Corp.
Who's teaching the teens?
Fri, 14 Oct 2011“Here's how you prove you're qualified to teach driving in Colorado: Fill a glass container with ice. Breathe on the glass. If condensation forms, you're in.” So said Ronn Langford, founder and CEO of MasterDrive (online at www.masterdrive.com), a driving school based in Colorado Springs, Colo., that also operates in California's Orange County.